Business Planning Flashcards
1
Q
What is the purpose of a business plan for a small business?
A
The purpose of a Business plan for a small business is that the plan can make a business focus on becoming bigger and grow. Also the plan can keep the aims realistic and achievable. And be able to get a loan by a bank
2
Q
Why are business plan important?
A
Business plans are important as the business can have a clear goal and
